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Announced

Tinexta-backed Co.Mark to acquire a 60% stake in Queryo Advance.

Synopsis

Tinexta-backed Co.Mark, a provider of consulting and export management services, agreed to acquire a 60% stake in Queryo Advance, an operator of a digital agency. Financial terms were not disclosed. "This operation represents a fundamental step in the further development of the Innovation & Marketing Service Business Unit of Tinexta Group that started with the acquisition of Co.Mark in 2016. Investing in Digital Marketing - in line with the guidelines stated in the Group's 2020 plan - the Group confirms its broad and structured offer in a digital perspective to support Italian companies with the possibility and the will to grow, in Italy and abroad," Pier Andrea Chevallard, Tinexta CEO.

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